Trading Watchlist:
1. UVXY – analysed.
2. BTC – analysed.
3. NATGAS – (analysed) looks like there will be another chance to make a great short entry if I continue to monitor the markets everyday without fail:
4. WOLF – analysed.
5. DJI – analysed.
6. GE – analysed.
7. CMG – analysed:
Wait patiently for the price action to drop to a high probability entry level before submitting a trade.
8. INTC – analysed.
9. JETS – analysed.
10. UAL – analysed.
11. PALL – analysed.
12. US10Y – analysed.
13. MRNA – analysed.
14. RUT – analysed.
15. QQQ – analysed.
16. SFM – analysed.
17. COST – analysed.
18. BIIB – (analysed) continue to monitor BIIB everyday.
19. SSE – analysed:
20. BABA – analysed.
Learning Point
- Missed a great NATGAS short because I failed to watch the markets everyday as intended.
- As practiced by Gareth Soloway, determine all of the high probability entry levels (on each chart) before you consider making a trading entry.
Next Action
- Draw all high probability entry levels on the relevant chart before making a trading entry.
- Continue to monitor BIIB closely everyday for a great long trading opportunity.
- Watch today’s “Trading the Close”.
